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Bricks Grid


This EA trades Initially on Price breakouts on Support and Resistance ----------------------------- (Please leave a review after you tested the demo)


Opening of Trade:

Buy Trade will open if price crosses above Resistance.

Grid Buy will also open if price crosses above resistance and if the distance from the last trade price is above average true range value. 

Sell Trade will open if price crosses below Support.

Grid Sell will also open if price crosses below Support and if the distance from the last trade price is above average true range value.



Closing of Trade:

Take profit is calculated relative to the Average price buy plus + Take Profit ATR Distance Multipler for buy and  Average price sell minus - Take Profit ATR Distance Multipler  for Sell.

Trailing is optimized based on ATR distance, it will only trail in favor of your average price per order type, I purposely did not have an input variable for this to avoid confusion on user who does not know ATR, I just preset it to the best settings that I tested, but you can still disable or enable it.



Max symbol Draw Down % Close All - it is calculated based on net Loss of the symbol relative to the percentage from the account balance.

Max symbol Profit % Close All - it is calculated based on net Profit of the symbol relative to the percentage from the account balance.


Recommendations:

Leverage: 500

Settings: Will send set file on comment section, default settings is just a guide.

Starting money: $1000 or more

Use MQL VPS or any of your choice for 24/7 automated trading.


Parameters:

MagicNumber  - return an identifying (magic) number of the currently selected order.


~~~~~Indicator Settings~~~~~


Support and Resistance Period  - the period on which the highest and lowest of candle range is measured

ATR_Period    - Average True Range Period

Grid ATR Distance Multiplier - Multiplies the size of ATR on which the minimum distance of grid from the last trade price will be use.

Autlot lot Initial: .01 for every X input - calculates initial trade relative to account balance, "(Account balance / Input)  * .01"

Grid Lot Size Multiplier -  Multiplies the initial lot size to be added on the last lot size for Grid trade.

Maximum Lot Size -  Maximum Lot Size.


---Closing Settings---


Take Profit ATR Distance Multiplier    - Multiplies ATR to be use as Take profit, +- Average price
Use Optimized Trailing                         - if true, EA will trail above optimized value above average price
Max Symbol Drawdown % Close All      - it will close trade if drawdown % is reach.
Max Symbol Profit % Close All               - it will close trade if profit % is reach.

If you have any question dont hesitate , feel free to ask. Thank you!

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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Ai Hybrid Robot MT5
Mansour Babasafary
71% discount for the next 5 buyers (original price $9000): 3 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
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